Any § 179 Expense Amount That Is Carried Forward Is

question 72

True/False

Any § 179 expense amount that is carried forward is subject to the business income limitation in the carryforward year.

---

Definitions:

Positive Moods

Emotional states that are cheerful, content, and optimistic.

Negative Moods

Emotional states characterized by feelings of sadness, pessimism, or irritability.

Feel-Good, Do-Good

A phenomenon where people are more likely to engage in helpful behaviors when they are in a good mood.

External Locus

A belief system where individuals perceive their outcomes in life as being largely controlled by external forces rather than their own efforts.